Bloomberg Deutsche Boerse AG Chief Executive Officer Carsten Kengeter resigned amid growing shareholder pressure after he became embroiled in an insider-trading probe. The company also said it isn’t likely to meet its full-year earnings targets. The CEO will step down on December 31 “in order to allow the company to focus its energy back onto clients, business and growth and ...

Bloomberg Royal Bank of Scotland Group Plc signalled it’s in a better position to handle its remaining legacy issues after posting stronger than expected capital ratios in the third quarter. The shares rose. The Edinburgh-based lender’s common equity Tier 1, a measure of financial resilience, jumped to 15.5 percent in the period from 14.8 percent at the end of June, ...

Bloomberg Firms such as Blackstone Group LP, Apollo Global Management LLC and Fortress Investment Group LLC are often slapped with the vaguely sinister label, shadow bank, because they provide financing but aren’t regulated like traditional lenders. President Donald Trump’s Treasury Department now says that’s downright unfair and wants global regulators to stop using the term when describing investment giants. “The ...